SolarCity Corp (SCTY): Today's Featured Electronics Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

SolarCity ( SCTY) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.3%. By the end of trading, SolarCity rose $2.63 (3.4%) to $81.18 on heavy volume. Throughout the day, 12,709,803 shares of SolarCity exchanged hands as compared to its average daily volume of 4,168,400 shares. The stock ranged in a price between $76.00-$83.79 after having opened the day at $76.82 as compared to the previous trading day's close of $78.55. Other companies within the Electronics industry that increased today were: China BAK Battery ( CBAK), up 17.6%, Altair Nanotechnologies ( ALTI), up 16.6%, Orion Energy Systems ( OESX), up 12.9% and Peregrine Semiconductor ( PSMI), up 6.5%.

SolarCity Corporation engages in the design, installation, and sale or lease of solar energy systems to residential and commercial customers, and government entities in the United States. SolarCity has a market cap of $6.3 billion and is part of the technology sector. Shares are up 38.2% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate SolarCity a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates SolarCity as a sell. Among the areas we feel are negative, one of the most important has been very high debt management risk by most measures.

On the negative front, Microvision ( MVIS), down 15.2%, Dynasil Corporation of America ( DYSL), down 12.8%, Pulse Electronics ( PULS), down 7.4% and Aixtron SE NA ( AIXG), down 6.4% , were all laggards within the electronics industry with Micron Technology ( MU) being today's electronics industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG).

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